| |
PENSION AND SYSTEMS SERVICES, INC. (PASS) provides
administration and consulting services for businesses with
retirement and other employee benefit plans.
Why adopt a Qualified Retirement Plan?
- Ability to Attract and Retain Quality Employees
- Increase Employee Productivity
- Accumulation of Funds for Retirement
- Tax Deductible Employer Contribution
- Tax Deferred Investment Earnings
Plan Selection and Design - We can review the retirement
plan options available and assist you in choosing the plan
that is right for your company. The plans available are:
- 401(k)
- Profit Sharing
- Simplified Employee Pensions (SEP)
- Money Purchase Pension
- Age Weighted
- Cross-Tested
- SIMPLE IRA or (401)k
- ESOP (Employee Stock Ownership Plan)
- Cafeteria and Flexible Spending Plans
- Non-Qualified Deferred Compensation
We provide preparation of all documents required to setup
your retirement plan including Summary Plan Description, Plan
Administrator's Guide and Application for Determination Letter
as required by the Internal Revenue Service.
|
|
Plan Administration - Once your plan document is setup
we provide all administration and consultation services as
follows:
- Employee Census Verification (Including payroll, employee
deferrals and participant information)
- Allocation of Plan Earnings
- Maintenance of Employee Vested Account balances
- Assistance with Administration of Loan Program
- Calculation of Employer March and/or Discretionary Contribution
- Annual ADP and ACP Testing for 401 (k) plans
- Other Annual Testing as required by Internal Revenue Service
- Participant Statements (Monthly, Quarterly or Annually)
- Filing of all required Internal Revenue Service returns/reports
- Summary of Annual Report
- Audit of Retirement and Employee Benefit Plans (required
for plans with 100 or more participants)
We can provide specialized services for 401(k) plans such
as self-directed investment selections, daily valuations,
voice response and Internet access of individual employee
account balances,
We would be happy to provide additional information about
our services. Please contact Jim Kelley at
404-256-3830
|
|
